About your Search

20121201
20121231
Search Results 0 to 12 of about 13 (some duplicates have been removed)
action-packed years. lisa jackson is expected to step down early next year. she is giving no reason for leaving the office, although there is some speculation. as the obama administrations chief environmental watchdog, jackson's tenure includes high- profile battles over global warming, the keystone xl pipeline and new rules on coal- fired plants. the man behind an infamous insider trading scandal is still making headlines after his arrest. raj rajaratnam will pay a penalty of $1.5 million to the sec. it's connected to his civil case that stemmed from allegations of insider trading. last year, rajaratnam was sentenced to 11 years in prision for securities fraud and conspiricy. he also paid a record fine of $92 million. steinway has a grand plan to stay in business. the iconic musical instruments company famous for its pianos recently noted it was considering its options, including selling its band instrument division. but, after making cost cuts, steinway's third quarter earnings started showing signs of improvement. meanwhile, talks with potential buyers didn't offer as much value
action. this is about the price action, what the charts are telling us. if you can ignore the catastrophes or the crises that we have had over the past two years, the charts have been very, very positive. the recent lows we saw, this extreme low where the stock market sold down 9%, we have seen an amazing bounceback and then follow-through last week that i am very encouraged by. if we can get back above the 1425 pivot from august, they really can set this market on fire one more time. > historically, have you seen anything else like this alan? > > again, the market is focusing on issues, and we have moved past it. if you think about the debt ceiling crisis last year, we moved past it and made new relative highs. so it has been one hurdle after another that we have overcome. and if you look at the long-term charts, look at a 15-year chart, we have done this now, this will be the second time in the s&p. and if we get back to these recent highs at 1470, and we add the distance of the hole that we dug ourselves on top of that, we target 1600 in the s&p, which is about 13% abov
of some recent implied volatility spikes in some names - most notably we saw apple in the action there. wow, don't want to catch any falling knives there. but we are looking to take some strategies into play that are taking advantage of these short-term pops in implied volatility. > good to have you on the show again. thanks joe. > > thank you angie. in our cover story, a new study adds to the evidence that head injuries in sports can lead to incurable brain disease later in life. and it may bolster claims by former pro football players that the nfl bears some responsibility for their dibilitating condition. this week, 3300 former pro football players suing the nfl for concussion-related medical problems got a piece of evidence in their favor. after a four- year study, boston university researchers concluded that 80% of brain samples taken from deceased athletes - mostly nfl players who'd suffered head injuries - had evidence of brain damage. "completely dibilitating." the nfl has denied the link. but the centers for disease control is releasing public service announcements featuring f
, the parents give the kids a lot of gold jewelry." > > is that when you see the most action? "absolutely." on this day, the action came from a family shopping for their future daughter-in-law. "they bought a mongol sutra with earings, a necklace with earrings and another chain. turns out to be about 216,000 indian rupees." at today's exchange rate, that buy translates to more than $4,000 in gold. and while not every indian can afford that kind of outlay, all families will need to buy some gold when their children get married. "if from the lady's side they don't come up with the gold, there's going to be a problem. so they have to buy a lot of gold. they don't have a choice." > > everyone? "everyone. believe me everyone." more than just a gift, gold is valued as a safe investment, and for its liquidity. "you have gold, you can sell it into the marketplace and grab the money. it's so easy." the new shipping complex behind me in the southern city of kochin represents the booming economy. and with growth projections here as high as 7% for the year, the expanding indian market for goal could
"headroom." call it, "in your facebook." an instagram user has filed what could become a class-action lawsuit over a policy change that would allow instagram to sell ads using a person's name or photo published on the website. instagram announced it would backtrack on the idea, but eventually wants to come back to users and explain its intentions. the u.s. government may expand its mortgage refinancing program to include borrowers not backed by fannie mae and freddie mac and also include borrowers who owe more than their homes are worth - about 22% of all homes with a mortgage. from department stores to bookshops to jewelry sellers, a lot of retail stocks are dragging around their empty boxes and gift wrap post- christmas. mark sebastian of option pit joins us. mark, welcome, and what happened to these retail stocks? > > it is just kind of a cacophony of bad things. we have got this fiscal cliff looming, which is scaring retail purchasers, and we have just terrible weather out east, both before and after christmas. this storm is going to be terrible, and superstorm sandy had to have
held today. the stock got down below $520, rallied sharply. so that kind of price action shows there are buyers down below. i like the stock anywhere in the low $500 range from a fundamental, longer-term buy-and-hold viewpoint. > right. that is just the case with apple. it can only go down so far it seems, because at some point, people think, "i really need to own this. i want to get in and here is my level." meantime, what is going on behind the scenes? why did this stock plunge from that $700 range? is there a lot of short-selling going on in apple? > > apple was the most widely held stock, not only by individual investors but by large hedge funds. so, when they had redemptions, they had some forced selling. the stock, in my opinion, as we talked about a couple of months ago, got a little ahead of itself there. recently in the past couple of days, rumor of margin hiking on apple, china mobile maybe trying to ring more out of apple. you saw kind of that capitulation in my opinion that we saw about a week-and-a-half ago. so, that $505 to $515 level seems to be the area that hol
and the goverment. the emailed comments were released in court documents in a class action lawsuit. a fedex official says the documents don't tell the whole story. and shares of rare earth molycorp fell 5% on word the cmpany is seraching for a permanent ceo. larry shover of sfg alternatives joins us now for an early look at the market. good morning to you. and are we waiting for qe 4? > > i think we are, and i think we are going to see it. we saw the rally yesterday. i think a lot of that was just expectations that central bank liquidity is going to be with us for quite a long time. > we have had quite a rally in the market of late. what is going on there? > > we had a great rally, especially yesterday's rally, very macro-driven. and what i mean by that - it wasn't like one sector was rallying. we saw industrials, materials, technology, everything going up in concert. it was a very, very healthy rally. > so, what do you sell here larry? or do you just ride the wave? > > if you are in the equity market, i think you need to stay at normal valuations and just not worry with all the noise around you, be
for more stimulus or monetary action, i think it's a very positive sign. > > it's good maybe compared to spain, which is 25%, but it matters what kinds of jobs they're doing. we need economic value. if they are working at starbucks, if they are working at retail stores, that is not really providing for the economy. > > it's getting better. what andrew's forgetting- > > getting better? it's the lowest it's been since obama has been president, yes, but historically it's extremely high. > > a lot of people are leaving the workforce- > but is it good for the stock market? is it good for the stock market? > > it could have a muted effect- > > if it keeps going down, then it's good. but if it stays at 7.7%, it's not good. > round two: stocking up on confidence - consumer spending is back to 2007 levels again. what stocks do you buy to take advantage of the consumer confidence rebound? > > my two favorite stocks - and if you look at them, the p/e's are really high, but the growth rates are unbelievable - is amazon and lululemon. if you look at charts of both of these, these are busting throu
for a closer look at today's market action. good to have you on the show this morning. > > nice to be here. thank you. > i am still sensing traders are feeling a bit of a somber trade. even though the market rallied yesterday, i am imagining that what happened in sandy hook is still very much on traders' minds. > > i would certainly think that people are thinking about that. anybody who is a parent certainly is thinking about it and talking about it here on the trading floors. but that certainly didn't stop people from buying the market up strong yesterday, that's for sure. but definitely something that has got traders talking a little quieter than they might otherwise. > there is also some sobering news coming from the latest economists' survey. they see a mediocre 2013 for the economy. > > i don't disagree with that. 2012 wasn't so spectacular. the market went up a little bit, or a decent amount, but the economy has got a ways to go. the jobs situation in the u.s. is an issue that i don't think is going to go away anytime soon, and if that is the case, 2013 will be a year that will be to
a selloff yesterday. > > i think yesterday's price action was more of the same. don't forget the s &p going into yesterday was a little overbought so yesterday's selloff was expected. today, don't forget, we've got some key numbers coming out. we've got unemployment, we have existing home sales, and then tomorrow's durable goods numbers. all of those really come into play but again, it's still all about the fiscal cliff. i think the key here to remember is--- i think a deal gets done. the question then becomes what are the ramifications of that deal? which we still don't know yet. > >the vix popped up about 11% in trading yesterday. sometimes that's a gauge of anxiety in the market. whay has it been so lackluster and all of a sudden we get this move in the vix? > > it's funny i've been talking recently about how the vix is a dying product and what i mean by that is for the average everyday individual the vix is a very tough sort of thing to read. and the reason being people aren't just buying calls and buying puts anymore. they're doing all kinds of complex strategies. so the vix moving hig
dressing issues that could come up. so i wouldn't really pay much attention to the price action this week. what is probably more important is the first couple weeks in january. > do you have any kind of end- of-the-year strategy here, or are you just kind of going sit on your hands? > > at this point, no. just wait 'til next year and start fresh. > no plan is a good plan. it's good to have you on the show this morning. take care. > > thanks angela. in our cover story, workers making the minimum will make a little more in ten states beginning january first. and each of those increases will raise the minimum wage in those states higher than the federal minimum wage of $7.25 an hour. in missouri, the minimum wage will increase to $7.35 an hour, ten cents above the federal minimum of $7.25. but in oregon, it'll go up to $8.95 an hour, and in washington state, $9.19. "anything under $10 an hour is obscene. it's not enough to live in any city in the u.s." there's now a push to raise the federal minimum wage. "the minimum wage needs to be raised. it hasn't been raised in some time. we should con
you can take to improve your symptoms. i'm danica patrick, and i drive4copd. take action today to breathe better tomorrow. join the movement at drive4copd.com. take our screening questionnaire today, and talk to your doctor. you've got the perfect idea - you just need an investor. the government figures there are around 250,000 angel investors out there, all looking for people - maybe like you - with good ideas. they want to write checks and bring your idea to life. you have one, you really believe in it. so what do you need to do to get an angel investor to actually invest? let's talk with janet tavakoli, she's an investment risk analyst, and you're also the president of tavakoli structured finance. most people who knock on your door, do they end up blowing it when they pitch you? > > they do bill, because they walk in unprepared. they may have a product, they may have an idea, but they haven't yet gotten the patent. they don't have a business plan. they don't know who their competitors are. they don't know who their target market is. > > do they sometimes make big promises -
Search Results 0 to 12 of about 13 (some duplicates have been removed)